The agency said that a section of CEX.IO’s website inaccurately states that “U.S. dollars held in your CEX.IO fiat currency wallet are FDIC-insured up to $250,000 per account.” But the FDIC noted in its letter that “no qualifications, clarifications, or limitations are made in connection with this representation, and no insured depository institution or institutions (IDIs) are identified in connection with this statement.”
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Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community – Exchanges...
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community....